coinbase
coinbase noun: the transaction that is automatically created in every Bitcoin block to reward the miner.
Noun
coinbase (plural coinbases)
- The transaction that is automatically created in every Bitcoin block to reward the miner.
- The transaction that created new Bitcoins would be referred to as the coinbase of each block.2015, Nathaniel Popper, “Technical Appendix”, in Digital Gold, 1st edition, New York: Harper, →ISBN, →OCLC
- The authors randomly sampled 100 coinbases from the last 20,000 blocks of the blockchain that by the time of the experiment had the highest block-height at 247,054.2016, Ghassan O. Karame, Elli Androulaki, Bitcoin and Blockchain Security, Artech House, →ISBN, page 92
Forms of coinbase
| plural | coinbases |
|---|
Origin of coinbase
From coin + base.
Questions about coinbase
- What does coinbase mean?
- Coinbase means the transaction that is automatically created in every Bitcoin block to reward the miner.
- What part of speech is coinbase?
- Coinbase is a noun.
- What is the plural of coinbase?
- The plural of coinbase is coinbases.
Words near coinbase in the dictionary
Source and license
Adapted from Wiktionary: coinbase (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “coinbase.” Word.ws, https://word.ws/coinbase. Based on Wiktionary, CC BY-SA 4.0.
